Feb 3, 2020
The vision of CannaCor is to become a frontrunner of medical cannabis cultivation in Lesotho. Our focus is to implement sustainable production facilities and expand our lead with an aquaponics production plant while integrating all our management systems with a selection of blockchain technologies to ensure transparency, immutability and real-life tracking.
CannaCor is a licensed producer of medical cannabis and cannabis by-products located in Lesotho, southern Africa. It is supported by a group of professional executives with extensive knowledge and understanding of the needs of the medical cannabis industry. Their economic activities are based on the recently approved production and export of cannabis and cannabis by-products which can be used for medicinal needs.
A proud pioneer, they aim to incorporate only the latest and best technologies and will become a medical cannabis producer to supply cannabis flower and extract products to tens of thousands of patients, physicians, pharmacies, hospitals, governments and researchers on a global scale.
1.CULTIVATION LIFE CYCLE MANAGEMENT
The cannabis industry requires a technology infrastructure to support and improve the multistage cultivation process of cannabis. Blockchain Corporation has identified three major areas which need to be addressed.
- Process and cost analysis
A process will be implemented to track all nutrients and materials used for growing a cannabis crop to calculate the cost per gram by plant, batch and strain.
- Genealogy tracking and optimization
This system will help CannaCor keep a record of a strong, diverse genetic portfolio, which will track the genealogy of each plant and create new hybrids based on cultivators’ preferences.
- Product quality and consistency
Currently cultivators struggle to produce a harvest of consistent quantity and quality by following repeated processes. In order to improve this aspect of cultivation, our system will track a batch and capture all information pertaining to its genealogy, exact amount of water and nutrients used, the precise pH, temperature and humidity at each stage of the batch’s cultivation process.
2.SUPPLY CHAIN MANAGEMENT
Blockchain Corporation will create a network of processes that moves the product along from the suppliers of raw materials to the organizations which deal directly with users. The three major steps in the supply chain blockchain process are as follows:
- Decentralized data record
Blockchain technology provides the utmost transparency in the decentralized recording of data. It ensures the supply chain record is secure, transparent, verifiable and immutable.
By integrating blockchain technology into packaging, the CannaCor team and its affiliates (retailers, shop owners, etc.) will be able to track the precise real-world movement of their cannabis inventory on an individual shipment basis. When a product is scanned, no data needs to be entered. It is all covered by the back-end software, eliminating the need for training staff to operate the system.
- QR code scanning
The company will make use of tracking technology which can communicate with modern smartphones, making implementation of this system simple for producers, retailers and consumers alike.
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